National Initiative for Developing and Harnessing Innovations (NIDHI) is an umbrella programme conceived and developed by the Department of Science & Technology, Government of India, for nurturing ideas and innovations (knowledge-based and technology-driven) into successful start-ups.
The program caters to idea-stage entrepreneurs with a physical product offering and who require support for prototyping.
Objectives
To build a vibrant innovation ecosystem, by establishing a network between innovators, academia, mentors and incubators
To support faster experimentation and idea to market journey
To generate innovative solutions relevant to the local and global problems
To attract a large number of youth who demonstrates problem solving zeal and abilities
To enable translation of an innovative idea to a prototype
Facilitate new technology/knowledge/innovation based startups
Eligibility
Individual innovator: He/she is required to be an Indian Citizen with at least 18 years of age as on the date of application. An Indian citizen is the one who is in possession of a government of India approved proof of nationality such as a valid passport, voter’s id etc.
Existing incubatee of a PRAYAS centre (Incubator): a) The company is less than 2 years and wants to develop the prototype of the product for which they are incubated and for which they may have not received similar kind of support. b) Company should have no significant revenue at the time of application.
Team of individual innovators: If the team wants to pursue a project, then there has to be an agreement among the team about the lead applicant and the lead applicant has to apply for NIDHI-PRAYAS. The financial support (after the selection process) will be given to the lead applicant on behalf of the team.
Preference will be given to those innovators
Who have raised a portion of the project cost themselves or have secured co-investment commitment.
Who have a clear road map for commercialization or start up creation.
Last date to apply 20 November 2023
Focus Areas
Telemedicine
Point of Care Device
Hospital Automation
AI for Diagnosis
Sports and Wellness
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